author DMM Bitcoin Market Report
Profile: Crypto asset exchange company. With DMM Bitcoin, you can trade with a wide variety of crypto assets (virtual currencies). With strict security, we provide an environment where customers can trade crypto assets with peace of mind. An account can be opened on the same day at the shortest. (Crypto asset exchange business No. 00010 by the Director of the Kanto Local Finance Bureau, No. 3189 by the Director of the Kanto Local Finance Bureau (Kinsho) No. 3189, member association: Japan Crypto Asset Trading Association)
・Increasing upward pressure on gold
Created by Tradingview
The above chart shows the 200-day moving average line on the XAU/USD (gold) daily chart from May 2nd to the present.
dropped last JuneThe 200-day moving average broke upward in December and has been in a strong uptrend to date.forming This is thought to be due to market expectations that the pace of interest rate hikes by the Fed (Federal Reserve Board) will slow down, pushing up buying pressure.
Below is the ZPG/JPY (Zipangu) weekly chart from February 14th to the present with 3 moving averages (5, 15, 25), the previous high line (blue line), and the rising trend line (pink). line).
ZPG/JPY Weekly Bid Chart
Aiming to link with goldZPG/JPY also formed a perfect order
. It has become an upward trend with the price rounding up, and is approaching the high price (8,191 yen) of June 6 last year.
* The direction of the three moving average lines (short term, medium term, long term) must be aligned and the order of the top and bottom must be in order (upward: short → medium → long from the top).If the previous high can be broken, the upward pressure will gain momentum.
The odds are big.